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Spain Industrial production February 2022

Spain: Industrial output growth rises in February

Industrial production rose 3.0% year-on-year in seasonally- and calendar-adjusted terms in February (January: +2.0%). The reading reflected a broad-based upturn, with activity in the consumer goods, capital goods and intermediate goods sub-sectors all improving in February.

On a monthly basis, factory output grew 0.9% in seasonally-adjusted terms in February, which was better than January’s flat reading. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 8.1%, up from January’s 7.7%.

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